- Crypto Is Easy
- Posts
- Weekly Rundown - June 16, 2024
Weekly Rundown - June 16, 2024
Price goes up
🚨Important announcement:
Just like the crypto market, the Crypto is Easy premium subscription is on the rise. In just 2 days, a monthly membership will increase from $22 to $29.
Why this change?
👉 Over the past months, the premium membership has helped a lot of people make the right decisions in crypto.
👉 Members have profited from my analysis.
👉 $22/month doesn’t justify the immense value provided.
👉 I’ve added plenty of extra resources that were not even planned originally—all included in the membership at no extra cost.
The good news?
You have 2 days to lock in the lower rate before the price increases!
Let’s dive into today’s newsletter!
Are you worried that “the cycle” is over?
The rest of the market isn’t. Fear and Greed sits at 71!
I looked at that and other crucial metrics and behaviors in the June 13, 2024 market update. I also shared my sense of where we’re at and what comes next.
Look for another update this week. I’ll have the monthly issue soon, a new altcoin report or two this summer, and more goodies in the coming months.
Scroll down for poll results and some content you may enjoy.
Did you miss the market update? Upgrade to the premium plan now so you get that and:
👀 Direct contact with me.
📈 Video and written market analyses so you can make better investment choices.
🧐 Exclusive altcoin reports and special content to stay ahead of the competition.
Poll results
In last week’s rundown, I asked which path is most likely for the second part of 2024—A, B, or C in the image below.
Path A got 40% of the votes, far more than the other two.
In both previous times that I posed a similar type of question, the majority winner came closest to the market’s eventual path.
Will that trend hold true again?
Should get interesting. . .
Bottom line: Almost all central banks are considering whether to put their currencies on a blockchain as a central bank digital currency (CBDC).
My take: The BIS report covers a lot of ground and makes a very simple issue way more complicated than necessary. For example, the idea of a “wholesale CBDC” for banks to settle transactions and a “retail CBDC” that represents a direct claim on central bank assets.
Also, the report says most bankers do not expect any country to issue a single CBDC within the next six years (only 16% expect this, down from 21% in the last BIS survey). Do you think they’ll beat Tether and USDC to mainstream adoption? By the time they figure this out, stablecoins will have made CBDCs obsolete.
Why you should care: You can ignore anybody who says CBDCs will do anything useful any time soon.
8 projects with nice yield opportunities & airdrop farming potential
As always, this newsletter can’t cover airdrops. Too much to keep track of, too many to vet!
Fortunately, others have done that. For example, @route2fi picked out some chances to pick up some free crypto in The Black Swan post, 8 projects with nice yield opportunities & airdrop farming potential.
Take a look!
Relax and enjoy the ride!
Do you want to consult with me on crypto or your portfolio? Schedule time on Tealfeed!
Reply